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Drafting and Charting

noun

  • Writing a first version to be filled out and polished later.
  • The craft of drawing blueprints.
  • The creation of artistic pictures or diagrams.
    • usage: "he learned drawing from his father"

verb

(p.pr.&vb.n.) of Draft.

CHARTING is the use of graphs and charts in the analysis of market behavior, so as to plot trends of price movements, average movements of price, volume, and open interest, in the hope that such graphs and charts will help one to anticipate and profit from price trends. Contrasts with fundamental analysis. (See Candlestick Charting).